On August 26, Gelonghui announced its semi-annual report for 2024. During the reporting period, it achieved revenue of 0.368 billion yuan, a year-on-year decrease of 34.86%; net profit attributable to the shareholders of the listed company was 98.616 million yuan, a year-on-year decrease of 25.91%; net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 75.2544 million yuan, a year-on-year decrease of 31.10%; basic earnings per share was 1.5435 yuan.
The decrease in revenue by 34.86% is mainly due to the fact that the company's revenue mainly comes from large projects and substantial orders, and the distribution between periods is uneven. During the reporting period, the delivery of large projects by the company was affected by factors such as customer implementation progress, and acceptance has not been completed, resulting in lower revenue compared to the same period last year. Due to the decrease in revenue, indicators such as net profit after deducting non-recurring gains and losses attributable to shareholders of listed companies have changed accordingly.
